Strategic Update – Q4 2023
Discipline Funds
NOVEMBER 8, 2023
Macroeconomic Overview Our macroeconomic forecast for 2023 called for a year of disinflation and “muddle through” That means we expected the economy to remain sluggish and for inflation to show positive rates of change that were sequentially slower. Real GDP has averaged 2.3% with a standard deviation of 22.6.
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